BRICS in Delhi: economic weight of the expanded bloc and limited political influence
Leaders of the 11 BRICS countries are meeting in New Delhi against the backdrop of Donald Trump's tariff threats and the war in Iran. The economic weight of the expanded bloc has grown, but its political influence remains limited due to internal divisions.
Sources
· 4Расширение БРИКС усилило экономический вес, но политическое влияние остаётся ограниченным
1Лидеры БРИКС встречаются в Дели на фоне тарифов Трампа и войны в Иране
2Путин прибыл в Нью-Дели на саммит БРИКС на фоне войн в Иране и Украине
3Индия принимает 18-й саммит БРИКС на фоне разногласий между членами
4Key points
- The expanded 11-country BRICS represents about half of the world's population and 40 percent of global output in purchasing power parity terms.
- Leaders of the 11 BRICS countries, including Xi Jinping and Vladimir Putin, gathered in Delhi for the summit this weekend.
- Putin arrived in New Delhi on Friday; his talks with Narendra Modi and Masoud Pezeshkian are planned, and a meeting between Xi Jinping and Modi is expected on the summit sidelines.
- The group is unlikely to issue a consensus statement openly criticizing Washington, reflecting deep divisions among members.
- India is hosting the 18th BRICS summit on September 12–13 after the May foreign ministers' meeting ended without a joint statement.
What happened
Leaders of the 11 BRICS countries, including Xi Jinping and Vladimir Putin, gathered in Delhi for the summit this weekend. The Russian president arrived in New Delhi on Friday for the two-day summit. The talks take place against the backdrop of President Donald Trump's tariff threats and the war in Iran, which have destabilized global energy markets. The agenda is expected to focus on the wars in the Middle East and Ukraine, as well as economic challenges.
What changed
India is hosting the 18th BRICS summit in New Delhi on September 12–13. The meeting follows the May foreign ministers' meeting, which ended without a joint statement due to disagreements over the US-Iran conflict. India seeks to avoid a repeat of that failure as it leads a bloc torn by active military disputes.
What's Next
The BRICS summit in New Delhi will run through September 13; a bilateral meeting between Xi Jinping and Narendra Modi and talks between Putin and Pezeshkian with Modi are expected on the sidelines.